| A
Fiscal Agents client gets $3,373.70 more on a GIC investment than a major bank
branch client |
 |
|
 To
prove the value a Fiscal Agents client would receive, we went to the market with
a 5-year $50,000.00 investment, and asked for the major banks to show us their
best-posted rates.
Use the Read
More link to view the complete article. |
| How
GICs beat out bonds |
|
|
 When
shopping for fixed-income securities, you may wonder about choosing bonds over
guaranteed investment certificates (GICs). While both provide fixed interest payments
at regular intervals, GICs offer a number of key competitive advantages over bonds.
Use the Read
More link to view the complete article. |
| Fiscal
Agents and RedFlagDeals.com join forces in providing Mortgage & Investment
information |
|
|
 RedFlagDeals.com
is a site dedicated to finding the best deals of a huge variety of consumer goods
and services. It’s Canadian through and through spotlighting deals on laptop
computers to fashion, entrainment, student discounts and freebies – Stores
and shoppers interacting, providing not to be missed shopping tips and deals.
If you’re not normally a bargain hunter – try it out; you’ll be
surprised what’s on offer – A staff member did and saved over $300 on
a pair of Polk Audio stereo speakers at Future Shop.
Use the Read
More link to view the RedFlagDeals.com rate comparison index. |
Thinking
about borrowing to invest:
Leveraging Guidelines |
|
|
 Thanks
to ADVOCIS, we've provided a series of considerations for when and when not to
borrow to invest, excerpted from their Best Practices manual.
Use the Read
More link to view the complete bulletin. |
8
tips to tackle RRSP crunch time
from Ernst & Young |
|
|
 The
clock is ticking for Canadians who haven’t finalized their RRSP plans. With
only one month to go, now is the time to move on those good RRSP intentions. Where
should you start? Ernst & Young is offering some quick tips to help would-be
investors get going:
Use the Read
More link to view the complete article. |
Investor
Education Fund's
2008 Savings and Investment Challenge |
|
|
 Students
can win up to $300 if teachers add this valuable resource to their curriculum
– But they have to act quickly as the challenge ends May 28th, 2008.
Use the Read
More link to view the complete article. |
| Tax
Expert: Getting fit can be taxing |
|
|
 Is
exercising a taxable benefit? Judging by the crowd at my gym this past week, getting
fit seems to be a priority for many this January.
Some employers provide either full or subsidized health club memberships to
their employees, while others have on-site gyms where employees can work out.
The perennial tax question surrounding this perk is whether the value of a gym
membership you receive from your employer is considered a taxable benefit.
Use the Read
More link to view the complete article.
|
| A
tax tip from H&R Block |
 |
|
 Old
charitable donation receipts that you forgot to claim in previous years shouldn't
be thrown away. Charitable donation receipts are good for five years after the
year in which the donation was made. |
CRA
issues reminder on
pension income splitting - January 2008 |
 |
|
The Canada Revenue Agency has issued a reminder on the federal government’s
new pension income splitting tax measure.
New tax rules allow eligible taxpayers to allocate up to half of their eligible
pension income (income that qualifies for the pension income tax credit) to
their lower-earning spouse or common-law partner when filing 2007 income tax
returns.
To make this election, the tax filer and the spouse or common-law partner must
each complete Form T1032, Joint election to split pension income.
|
|
|
 |
Today's
Market Rates |
|
|
| |
Taken from the FiscalAgents.com
Money Centre, as of 2/26/08
| Term
Deposits |
4.05%
|
Annually,
180-269
Days, $25,000 |
| GICs |
4.75%
|
| Annually,
5 Year, $5,000 |
| Maximum
Rate |
4.75%
|
| Annually,
5 Year, $10,000 |
| RRIFs |
4.70%
|
| Annually,
5 Years, $50,000 |
| RRSPs |
4.75%
|
| Annually,
5 Year, $5000 |
| Savings
a/c |
3.75%
|
| Daily |
|
Click the link below to view our best-offered rate table.
|
|
|
|
|
|
 |
|
Mutual
Fund Statistics:
January 2008 |
|
|
|
| Assets
under management: |
| $671.6
billion |
| Net
sales (excl.reinv.distr.): |
| $461
million |
| Fund-on-Funds
Assets under management: |
| $106.7
billion |
| Fund-on-Funds
Net Sales (excl.reinv.distr.): |
| -$314
million |
|
|
|
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|
